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421  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in new projects? on: December 09, 2021, 05:13:47 PM
Well sometimes I do invest a little bit, especially if the coin is super cheap at pre sale. Another thing I invest is my time, I do airdrop and grab some free coins out of nowhere just for doing simple task and there it is.

One time I did invest on a coin that is nothing but hype and suddenly lost because I've waited for it for so long and the price continues to plummet and that sucks, so if ever I plan on investing in new projects again, I would have second and third opinion with my friends because somehow they have more experience and I see them posting their gains on Social media and it gives me motivation again.
422  Alternate cryptocurrencies / Altcoin Discussion / Re: Things will always work out differently on: December 09, 2021, 04:36:49 PM
I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

They have their own perceptions and history is what makes us right now. History will repeat itself and there is a possibility BTC will also repeat it's momentum way back 2017, or maybe not. We can't really know and we also can't blame them for relying on history and charts. There is much to learn and there are millions of possibilities and we all have our own beliefs, it's we who chose who we follow. I guessed it's better than the people who did nothing 4 years ago and still does nothing at all in the meantime.
423  Bitcoin / Bitcoin Discussion / Re: Do you pay with crypto??? on: December 09, 2021, 04:01:58 PM
Only in times of need I paid my due with BTC. But if not I only use cash in my pocket. Since I am mining eth, I also use it for paying my monthly bills. I can say this time of year is a times of need, whether you pay it cash or with crypto, pandemic did land a good beating on me and most of my savings are gone. Thankfully the ones that I save was a great a help since I sold most of my portfolio at high price so I did pay most of my expenses with crypto.
424  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hash rate returned to its All-time high on: December 09, 2021, 03:33:30 PM
It's good news for miners like us, I hope it does give great deals for us. How did it go for miners on China? They the go back to mining again? What ever comes I won't stop mining Bitcoin or eth or any other coins, aside from it gives me money I can most of my time mining and thus contributing to the network.
425  Bitcoin / Wallet software / Re: Possible Compromised Laptop With Seed in Password Manager? on: December 08, 2021, 11:08:34 AM
I have coins stored in a software wallet on my laptop.  The thing is I do have the seed stored in my password manager.  Yes I know people tell me you should never do this in case your computer gets compromised.



My concern now is I clicked on a redirect link when using my laptop earlier.  The thing is that site that I went to... I clicked on it through google, and then it redirected me to a fake site.  I then just closed it but then noticed this was a phishing site.  I didn't enter anything on that site.



My concern is i read this malware I have could be some browser hijack and keylogger etc.  So that means if i log into my password manager on my compromised laptop, they could track everything I typed?  What if your password manager was open at the time?  I do also have my seed written on paper as well.  My concern is if i log into my password manager now on my computer, that means the hacker could literally see all my passwords and everything i wrote on it?  I know about the phishing links hackers post where you download a fake wallet and enter the seed.  But if you don't enter your seed, I read its safe.   But could clicking on a link to a website without downloading anything also do this?  I did not see any program download.  But I'm pretty sure it was a dangerous site.



The thing that I considered was to not log into my password manager.  But then use another device and enter my seed into it to access the wallet.  Then assuming my coins are still there, create a new wallet and send all of them there and get a new seed.  Is that recommended?



I don't want to wipe my laptop as I have so many things on it for years etc.  I also didn't do a backup of it as well.  The thing is I do have a copy of my password manager on a usb drive.  But is there any virus program I could use or buy where it would find any type of malware, keylogger or browser hijack etc on it?  So that way I could continue to use my laptop without wiping it clean?



I have heard of that browser hijack where when people send coins, their browser would copy/paste another address etc.  But in this situation, what would you do?  I guess this is the same like if your computer is compromised and you use software wallets and sites since anything you type into binance or coinbase etc... well that person could record your keystrokes?

I have learned my lesson and for the best I can offer you advise base on experience is that consult a computer tech and ask what to do. I was hijacked once and all my assets were gone in an instant. They are quicker this time.
Now my seed phrases are on another gadget in case of something like this happens, and all my wallets are 2fa authenticated. I also have back up in case I lost my phone were you can use a code once for accessing your accounts.
We better be ahead of them in terms of securing our assets, we are talking about money here. The thing that got me was a phishing site, I was randomly clicking spam messages on my email and they've got me really hard, guessed it was my mistake at the first place for being dumb. And remember guys, there is no such thing as free money out there! It's the bait they usually use for noobs like me back then.
426  Alternate cryptocurrencies / Altcoin Discussion / Re: Rapper Snoop Dogg partnership with virtual blockchain world Sandbox on: December 06, 2021, 11:11:15 PM

I've been following Sandbox lately, I was late on axie infinity and I was planning to be early on some other nft games but, this Sandbox is different. They have minimum requirements(investment) in order to play and earn. Using celebrities to get more players in the game are good moves, but it requires more investment so may that is why they have these standards. I think is goes well and now there is so much in to it, we just have to engage often to learn more to it for you to judge if it is good or not.

I thought I can afford it but not. Only with the money are able to play and earn, but you can play without investments the only thing is you won't be able to earn. Also if you are good at building things then there's an option for you to build your own game and maybe sell it or rent to the players if it is good enough.
427  Bitcoin / Bitcoin Discussion / Re: Documentary 'Finding Satoshi' will investigate the origins of Satoshi Nakamoto on: December 06, 2021, 10:16:04 PM
Better to keep the founder anonymous if I am to be asked. I wouldn't invest in BTC anymore knowing he is still alive and got the most of the wealth all by himself. So it is better be like this and those coins should just be ignored and forgotten and move on. There would be just another one pretending to be Satoshi at the end of the documentary and that adds up to the list.
428  Economy / Economics / Re: Transforming skill to profit. on: December 04, 2021, 06:32:38 PM
The purpose of the discussion is for forum users who possess one form of skill or another and are making profit from it to share personal episodes of how they turned "Skill to Profit".

Most persons learning a new skill are often faced with the big question/challenge of turning their skill to profit. After acquiring a skill, truth is if there is no platform for you to practice and offer your services and also make profit, you may become less interested and efficient with the skill you learnt and it may soon be forgotten by you.

Please share personal episodes of how you, a skilled forum member has turned your skill to profit, so other forum members who are in between can benefit from your story.



Right on the spot! I have learned drafting skills using programs like Autodesk AutoCAD and 3dsmax and honestly speaking I forgot all of those in the present. I never used them to seek an employment, or earn by freelancing, and the knowledge slowly fades away. I am an entrepreneur at the moment, most of the skills is communication, marketing, and related to consumer services after sales.

I realized that even though you learned new skills, it will just fade away if you don't put it on action, maybe for some reason we just have to be pasionate about what we do. We should follow the career that we love to do and that way the knowledge we learned will be forever with us until we die.

The only skills right now that I put practice to aside from being an entrepreneur is building my own pc. I've learned it ages ago and it currently resides on me as I love building gaming Rigs. Also I am a miner that of eth that, a 4 amd cards that the rigs I build my self with the skills that I've got. My friends are lucky too because I give them this service for free, fixing their PC and upgrading it gives me a bliss of time.
429  Alternate cryptocurrencies / Altcoin Discussion / Re: Any Proven Method To Identify SCAM 🤬 Projects Right In The Beginning on: December 04, 2021, 06:01:16 PM
Quote
Did you get paid to be admin on their chat group? I see that the bounty manager of dxswap has been closing the campaign caused by the team was a scammer.

Actually I was hired two days before they commit the scam. I was promised to pay after 1 week but on the 3rd day they ran away and deleye every thing.


Quote
Is that means all of admins that got hired already cheated?

Yes, there was 2 other guys that I know as well working from some time. They also been the victum.

Luckily you have missed judgement by the mods of this forum as promoting ICO projects are strictly punishable. Shame on the guys who constantly get easy money put of people who earned it hard.

For OP too bad for you they've got ahead of you and it is lesson not only for you but for all of the people whore planning to invest on new projects. There are top notch people here that could give you answers and they are as good as gold. It's another wake up call for us to not fully trust and do our own respective research before we give them free money.
430  Economy / Trading Discussion / Re: What do you think about staking? on: December 04, 2021, 05:27:40 PM
Hi everybody

I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.

Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?

Well in my case, staking isn't really for me. I would rather make my self busy trading coins than just wait for my assets to grow all by themselves. I easily forgot things and maybe if somehow I stake my coins I would forgot about them when it comes to three months long, I remembered checking one of my wallet and the coin that I bought was already dead and I got no chance getting back my money, even though it gained from staking it still doesn't matter how many if there is no value at all.
431  Economy / Economics / Re: Another One Bites the Dust: Entebbe Int. Airport falls to China's Debt Trap on: December 04, 2021, 05:06:35 PM
Another one has fallen.

The Entebbe International Airport is now reportedly directly taken over by China due to loan default. The only International airport of Uganda, which serves at least 1.9 passengers every year, is the latest victim of China's loan trap.

In 2015, the Ugandan government took a $207 million-loan from the Export-Import Bank of China for the international airport's expansion. As expected, the loan agreement signed by both parties included sneaky and questionable clauses. Uganda's president, Yoweri Museveni, attempted to renegotiate the deal with the Chinese government but to no avail. And now that the country has failed to repay this commercial loan, a clause which basically means the airport will have to be surrendered to China is feared to have taken effect.

The Ugandan Entebbe International Airport is just one among many countries' national assets that had to be directly forfeited in favor of China due to loan default.

This post-modern way of conquest by China will have to stop! But how?


Sources:

1. https://economictimes.indiatimes.com/news/international/business/china-reportedly-takes-over-ugandas-airport-on-account-of-loan-default/articleshow/87957646.cms
2. https://www.ndtv.com/world-news/china-to-seize-entebbe-airport-over-loan-uganda-denies-debt-trap-reports-2628059

I am afraid that my country (Philippines) is next if the next president is dumb as hell. Hopefully things go smoothly this election and no cheating will be occurred. China is slowly dominating the SEA countries and in terms of military might there no country in the region that could match it up. This money trap is some that have been planned ages ago and well executed, if these goes steady, maybe all the SEA countries would be Chinese citizens whether they like it or not.
432  Economy / Speculation / Re: Reason for the dump in Bitcoin and most of the Altcoin? on: December 03, 2021, 11:27:00 PM
Things were getting better as we were expecting a pump in the value of bitcoin but it was dropped by over 10%. Is it just the usual December pulback or it is here to stay I mean a long bearish run? How are you preparing for a possible bull trap and now even if it was temoprary it might take some for the market due to fud.

Reason for both are market correction, either whales are playing and regulations by the government. Another is some shitty tweet by someone who is so famous that his words are like the laws of bitcoins price. For eth there's a developers who are unknown to be found after the funding is done, or the coin is a shitty one that needs to be dump right away to get what you've invested. So many reasons and scenarios you just need to be a keen observer.
433  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Is it good to penalize airdrop hunters? on: December 03, 2021, 06:32:22 PM
Airdrops are a great way to attract people into newly-fond crypto projects. They're basically "free money" for not doing anything in return. Some projects have been widely successful after an airdrop, while others have gone all the way down the drain. There's been a upsurge of airdrop hunters looking to "milk rewards" from the system, effectively dumping all of their coins/tokens on the market for profit. While most projects have been quite flexible in the eligibility for an airdrop, one project decided to take the stand by adopting measures to prevent abuse. Parachain Swap's airdrop has been quite controversial as it only rewarded a small portion of its users. The vast majority of the people weren't rewarded (especially airdrop hunters), resulting in a decline of the token's price.

Do you think it's a good idea to penalize airdrop hunters? Will this do more harm or good to the adoption of crypto/Blockchain tech? Your input will be greatly appreciated. Thank you. Smiley

There's a thing or two to be done when you want an airdrop, it's not totally free, the least you can do for them is join there public channel like telegram or discord. Airdrop has it's pros and cons, they knew that and still does it for it gives a lively market, the coins are alive trading when it goes to an exchange. I remember selling an airdrop coin and ends up buying more.
434  Alternate cryptocurrencies / Altcoin Discussion / Re: Will competitors defeat ETH due to ever-increasing gas fees? on: December 03, 2021, 05:51:15 PM
Developers are rolling network upgrades, yet gas fees on ETH remain the same. It's very expensive to perform transactions on the Ethereum blockchain compared to other competing chains. The ETH 2.0 upgrade will alleviate the situation but developers keep delaying the same. People are getting sick and tired of ETH's "stalling" as fees continue to rise like there's no tomorrow. If I'm not mistaken, developers will delay the difficulty bomb again (by December) in order to prolong the PoW blockchain. The longer it takes for fees to decline on ETH, the bigger its competitors will grow.

Do you think competitors will defeat ETH due to ever-increasing gas fees? If not, why? Are constant delays a result of miners' opposition against reducing gas fees on the blockchain? Your input will be greatly appreciated. Thank you. Smiley

I think it's really hard for the competitors of eth to defeat it, because there are so many tokens that depends on Ethereum, if maybe those tokens managed to migrate into their own network or someone's else where gas fee as extremely low, then a change of pace will be possible. I am too a miner and eth 2.0 is a bomb for me so the delay was good news for me but at the same time bad, because I have also coins under eth network and I felt the pain sending coins and doing transactions and stuffs.
435  Economy / Economics / Re: Can civilization revert to a barter system on: December 01, 2021, 04:49:02 PM
It probably wouldn't work either way. There's the argument that governments might like things being untraceable for a few reasons: one of the main ones being so their donors can launder money and I could imagine a lot of politicians may have bought "private" or potentially illegal things in the past they'd want to keep hidden.

A barter based system would rely solely on how much you trust other people though or how much they trust you (or the contacts of both) and possibly how much time they have when a CBDC could just automate everything.

In my country there's an Island which they barter goods, no money included, item to item transaction. But it's in a rural country side and most of the people engaged in the system are farmers, fisherman and other livelihoods around a jungle or in the sea. The local government is letting them do this but once in a week, only on Sundays. At first I was shocked, couldn't believed what I saw, and then came to realized that those people where just living their lives how they wanted to, simple and transparent with no things to worries such as tax etc.
436  Bitcoin / Bitcoin Discussion / Re: I'M back! My next move with Bitcoin on: December 01, 2021, 04:23:23 PM
Hello everyone, I am back. Actually, I have been inactive for some time. I had a board exam and I think I missed a lot of things in the crypto forum. And I am so grateful to those people who messaged me on telegram and asked me why I wasn't active. Here I will share the exact reason. And honestly speaking, I missed this forum a lot.




Heres my next plan with bitcoin:

1: I'm going to teach my brother about bitcoin because he's curious about it.And the thing is, he is just 12 years old. And it's a challenge for me to educate him about bitcoin. Let's see how I can setup a lesson for him so that he won't get bored.

2: One of my photographer friends heard about NFTs and is now interested in getting into them, and he wants my help.

3: I'm going to setup a trading desk.

4: Are you thinking about starting a new portfolio?


The thing is I don't have a spare to get a new portfolio, I see many NFT projects out there that are popping up, I am in Axie Infinity and also a full time miner. Even though I want to invest, my money is going to my expenses, mortage, foods, kids stuff etc. It is really hard to come up with a plan with no extra money, sad but true.

Good thing the people around you especially your family members are in to it. It is a good opportunity for them to lean something new and use a decent amount of time to study about crypto currences.
437  Bitcoin / Bitcoin Discussion / Re: Microstrategy Buy more Bitcoin on: December 01, 2021, 02:20:08 PM
They know their game, they smell something big might happen again and for sure there would be profits from that dip. These folks are only getting more richer. I hope I have those skills in this Market too, knows when to buy and when to sell. And not just randomly buying whenever I feel like it.
438  Bitcoin / Bitcoin Discussion / Re: Do you guys think 0.1BTC is enough to "make it"? on: November 30, 2021, 12:54:28 PM
If 1 bitcoin is $54000 now, 0.1 bitcoin will be $5400. Can $5400 buy or build a mansion in your region, that answer is left to you. But to me in my country, 0.1 bitcoin can only buy a piece of land, it can not be used to build a mansion to completion, but 1 bitcoin can build a small beautiful house in my area. I do not know of the future, as bitcoin price is increasing, this can later likely be possible.

In my case it isn't enough, but a decent home it is possible. If OP still holds in another 10 years maybe the situation would be different. IF it gets lucky to hit a 1 million dollar per BTC then it could really build a mansion. It is still a good start owning such sum of money, it's better than nothing, really.
439  Bitcoin / Bitcoin Discussion / Re: First Bitcoin City on: November 24, 2021, 01:37:07 PM
These are countries' leaders are thinking way ahead, risk takers are great gainers. It will attract more attention and more tourist if it really have a bitcoin city of their own. Imagine a city where most of the crypto assets are all welcome to be utilize without worries in a single place. Hope some countries will follow too, we are seeing good news ad by the look of it, it's not impossible all the countries that are top notch will also do this.
440  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency is important for a country? or not... on: November 24, 2021, 05:15:02 AM
Cryptocurrency is essential for the development of a country?
Does cryptocurrency play an effective role in the development of the country? Or does it hinder the development of the country and cause extreme damage to the country?
What do you think about this?

In my own perspective, it is but not too much. Well I am gaining from it due to investing in nft's, mining coins like eth and other free stuffs like bounties. As far as I am concerned it will help a little due to taxes that I pay to the government since you've said a developing country. I am very much sure that my tax won't be wasted and even it is still a little it will help.

About hindrance, I don't surely get the basics of economy as I don't really know, what I can say it there are disadvantages in all investments specially with this kind, so volatile. If somehow it drags a growth of a country well see the news everywhere where scams and hacks are rampant, I don't really know the impact of it but as we can see it creates problems to the state because we all know blockchain is somehow giving authorities a hard time to deal with the bad guys.
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